Companies are plagued every year by the damage caused by fraud. From business to not-for-profits to government institutions, organisations of every size are losing over 5% of their annual revenue due to fraud and unethical behaviour. It is becoming more and more pertinent for company owners to become familiar with both detecting and preventing fraud in their ranks. And here’s a handy blog post on how to do just that. Neat!
FraudEdge are dedicated to helping Irish organisations combat the dangers of fraud and their post on the Top 10 Fraud Prevention Steps is one of their most useful resources. Laid out in easy-to-read chunks, this list covers pretty much everything you need to know in being proactive in preventing fraud in your own business.